Total cuts output and capex guidance but aims for 2050 carbon-neutral target

French supermajor sees sales slump and profit flatline but maintains dividend

Patrick Pouyanne: Total chief executive — Patrick Pouyanne: Total chief executivePhoto: REUTERS/SCANPIX

Eoin O'Cinneide

London

Total Europe Western Europe

Published 5 May 2020, 06:17Updated 5 May 2020, 08:45